Posted inNational politics
Debt ceiling fight is super scary. Because the GOP is crazy.
June 1 isn't far away. I wish it were a lot farther. Because that's the date when the United States could hit the debt ceiling. The debt ceiling is a uniquely American bit of stupidity, along with the electoral college. Denmark is the only other country with a debt ceiling, but Denmark doesn't engage in political games over it as we do. A New York Times story explains this. Almost no other country in the world has a debt ceiling. Elsewhere, politicians argue over how high taxes and spending should be when passing budget laws. Once those laws have passed,…
